Post Holdings Inc (POST)
Debt-to-equity ratio
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 6,811,600 | 6,397,800 | 6,414,600 | 6,314,000 | 6,039,000 | 6,186,100 | 5,837,100 | 5,886,800 | 5,956,600 | 6,032,400 | 6,105,900 | 7,429,000 | 6,441,600 | 6,932,100 | 6,981,000 | 6,972,100 | 6,959,000 | 6,776,900 | 7,171,300 | 6,382,600 |
| Total stockholders’ equity | US$ in thousands | 4,090,600 | 3,945,100 | 3,980,300 | 3,944,000 | 3,842,100 | 3,950,000 | 3,473,000 | 3,428,300 | 3,254,000 | 3,395,000 | 3,476,500 | 2,566,100 | 2,742,400 | 2,833,900 | 2,901,200 | 2,920,700 | 2,854,500 | 2,916,300 | 2,907,100 | 3,357,800 |
| Debt-to-equity ratio | 1.67 | 1.62 | 1.61 | 1.60 | 1.57 | 1.57 | 1.68 | 1.72 | 1.83 | 1.78 | 1.76 | 2.90 | 2.35 | 2.45 | 2.41 | 2.39 | 2.44 | 2.32 | 2.47 | 1.90 |
September 30, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $6,811,600K ÷ $4,090,600K
= 1.67
The debt-to-equity ratio of Post Holdings Inc has exhibited fluctuations over the past several quarters. The ratio has shown a general increasing trend from 1.90 at the end of 2019 to a peak of 2.90 at the end of 2021, indicating a significant increase in financial leverage during this period. Subsequently, the ratio decreased in the following quarters but remained above 1.50, reflecting a higher level of debt relative to equity in the company's capital structure.
The company's debt-to-equity ratio as of September 30, 2024, stands at 1.67, illustrating that for every dollar of equity, Post Holdings Inc has $1.67 in debt. This suggests that the company relies more on debt financing compared to equity financing. Investors and creditors may view this ratio as an indication of the company's financial risk and its ability to repay its debts. Post Holdings Inc's management should carefully monitor this ratio to ensure a balanced capital structure that supports sustainable growth and financial stability.
Peer comparison
Sep 30, 2024